There are many investors who are not motivated to invest despite having money. They definitely need to have a good understanding of Bitcoin at the beginning. But in most cases, the picture that is seen is that they get stuck in the middle due to lack of investment knowledge. There are many people who cannot maintain their investment after investing in Bitcoin. The purpose for which they invested is not successful. An investor should definitely give importance to several things while investing in Bitcoin. At the beginning of the investment, it should be seen whether he has the capacity to invest. If he has discretionary income and if he can invest in Bitcoin regularly for a long time, then he can benefit from Bitcoin investment at some stage.
Knowledge is what makes people invest in Bitcoin. That is why you see someone who thinks Bitcoin is too expensive to invest in, while they can just invest the little they can afford and do so consistently. You will also see people who are earning well but still find it difficult to invest.
Money doesn't really determine Bitcoin investment; though money is important, you can still have money and not invest. Knowledge is the principal thing in Bitcoin investment. That is why you can see a student who depends on their parents for upkeep money, but the person is consistently investing in Bitcoin. This is not because the money is too available, but this investment is possible because of the understanding one has about Bitcoin investment.
You are right, it is not enough to have money alone, we must know Bitcoin well. If someone has basic knowledge about Bitcoin, as well as the right way to invest, then he will be at a relatively low risk if he invests. However, another thing to keep in mind is that the scope of knowledge in Bitcoin is very large. So, without taking extra time, just knowing as much as any can will be enough to gain the experience to invest in Bitcoin. If anyone waste a lot of time studying about Bitcoin, then he will lose some opportunities to invest in Bitcoin. Therefore, he should start investing in Bitcoin in addition to gaining knowledge. In fact, he cannot own Bitcoin only if he have a lot of money. he must have desire, trust, and confidence. Those who do not have much income but have a little discretionary income at the end of the month, if they want, they can invest in Bitcoin by following DCA with less money. If someone starts investing in Bitcoin with the intention of continuing to invest for a long time, they will be able to earn many times more profit from Bitcoin than investing anywhere else.